Business ❯Economics

Global Markets

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Global Luxury Goods Sales to Decline Up to 5% in 2025 as Brands Overhaul Strategies

Tariff threats from the United States, geopolitical tensions in major markets are prompting luxury brands to overhaul leadership to safeguard profits

Trump Confirms 50% EU Tariffs and 25% iPhone Duties Starting June 1

Nissan Expands Job Cuts and Reports Record €4.6 Billion Loss

Standard Chartered Surpasses Q1 2025 Profit Expectations on Wealth and Markets Growth

Kering Reports 14% Revenue Decline as Gucci Sales Plummet 25%

Roblox Introduces Regional Pricing for In-Game Items to Reflect Local Economies

Trump's 25% Auto Tariffs Set to Reshape Global Trade Landscape

SAP Becomes Europe’s Most Valuable Company, Surpassing Novo Nordisk

WPP Faces Revenue Decline and Investor Concerns Following 2024 Challenges

AB InBev Reports Record Revenue Growth Despite Decline in Beer Volumes

Mercedes-Benz Reports Sharp Profit Decline and Unveils Cost-Cutting Plan

Heineken Reports Strong Profits, Announces €1.5 Billion Share Buyback

Bosch Reports 33% Profit Decline as Economic Challenges Persist

Apple Reports Record Revenue Despite Decline in iPhone Sales

V Narayanan Named New ISRO Chairman, Succeeding S Somanath

Global Billionaire Wealth Surges 17% in 2024, Driven by U.S. Stock Market Gains

Luxury Market Faces First Slowdown Since Great Recession

Adidas Achieves 10% Sales Growth in Q3, Raises Annual Guidance

BP Reports Lowest Quarterly Profit Since 2020 Amid Falling Oil Prices

Philips Slashes 2024 Sales Forecast Due to Plummeting China Demand